Equity index funds enjoyed record net inflows of capital in the second quarter of 2019. Meanwhile, by contrast, active funds suffered record outflows. Between March and June, a net £2.1bn flowed into index-tracking equity funds, the largest inflow Calastone’s index has ever recorded, compared to £1.9bn that was withdrawn from actively managed funds.

Here are some of the key highlights from this month’s FFI:

Equity index-tracking funds see record £2.1bn inflows in Q2, while active funds suffer record £1.9bn outflows

Index funds have taken an ever larger share of fund flows in recent years

Investors trade their active fund holdings far more than index-trackers – the latter enjoy much steadier buying and very little turnover